30 Bottom Line –Current Forecast is -$23 Million at end of FY12-13 –This is $1 Million worse than Jun'06 Forecast –The Forecast still assumes 0.65 Mill Voted Operating Millage is renewed for FY08-09 and beyond –The increase in Ballenger Trust income made a significant improvement in the revenue base –Future state aid is difficult to predict –Short-term savings and flexibility continues to be key –Long-term strategy of reducing compensation costs continues as focus on expense side 7-YEAR FORECAST
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